Category: Food Tech
Food Tech Investments Sparkle with Fermentation and Alt-Cocoa Success in Europe’s Culinary Landscape
- European food tech startups attracted $2B in investments in 2023, overtaking the US for the first time
- European companies raised $2.1B in 2022, matching funding levels
- European food tech companies made up 58% of global funding in the industry
- Fermentation startups experienced a 12-fold increase in investments, reaching $76M in 2023
- Alternative cocoa players received $69M in 2023, doubling the capital from the previous year
Fermentation Startups Lead the Charge in Europe’s Food Tech Sector
In the realm of food tech investments, Europe is emerging as a frontrunner, particularly in the areas of fermentation and alternative cocoa. Read more